I have a portfolio management service as a trader where I charge $500 a fixed fee and then 25% of profits every month with $150 as fixed monthly fee.
Over the past 8 months, I have been managing 9 accounts for $150,000+ and have generated a cumulative return of 428% on the portfolio with 25% as my share of the profits. Not willing to expand my customer pool a lot (maybe 1 more) but do you suggest I increase the profit-sharing percentage to 35%?
The clients are happy but they won't be happy with 35% I believe.
Wow, your performance is awesome, in 8 months and you've earned 428% on the total portfolio and it's a great deal. But everything just says on words, it's not enough. I have quite a few clients who are very willing to pay good fund managers and they can even pay you up to 45% if you want.
So now I hope you provide your proof of trade as well as how much money you invested in to make a profit, I need images and real proof to appeal to them.